________ was passed to outlaw monopolies.

What will be an ideal response?


The Sherman Antitrust Act

Business

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Equally as important as delivering the right quantity of information, is the delivery of what?

A) Supplemental data B) Visual aids C) Background research information D) Survey results E) Quality information

Business

In accounting, the terms “depreciation” and “amortization” both have basically the same meaning--that is, a periodic charging to expense.

a. True b. False

Business

Spice Company issued $200,000 of 10 percent first mortgage bonds on January 1, 20X4, at 105. The bonds mature in 10 years and pay interest semiannually on January 1 and July 1. Pumpkin Corporation purchased $140,000 of Spice's bonds from the original purchaser on January 1, 20X8, for $122,000. Pumpkin owns 75 percent of Spice's voting common stock. Spice's partial bond amortization schedule is as follows:PMT # Interest$ PMTInterestExpenseAmort ofDiscount(Premium)Premium(Discount)BondsPayableBV

ofBonds  1/1/20X4           10,000.00  200,000.00  210,000.00 1 7/1/20X4  10,000.00  9,684.96  (315.04) 9,684.96  200,000.00  209,684.96 2 1/1/20X5  10,000.00  9,670.43  (329.57) 9,355.38  200,000.00  209,355.38 3 7/1/20X5  10,000.00  9,655.23  (344.77) 9,010.61  200,000.00  209,010.61 4 1/1/20X6  10,000.00  9,639.33  (360.67) 8,649.94  200,000.00  208,649.94 5 7/1/20X6  10,000.00  9,622.69  (377.31) 8,272.63  200,000.00  208,272.63 6 1/1/20X7  10,000.00  9,605.29  (394.71) 7,877.92  200,000.00  207,877.92 7 7/1/20X7  10,000.00  9,587.09  (412.91) 7,465.01  200,000.00  207,465.01 8 1/1/20X8  10,000.00  9,568.04  (431.96) 7,033.05  200,000.00  207,033.05 9 7/1/20X8  10,000.00  9,548.12  (451.88) 6,581.18  200,000.00  206,581.18 10 1/1/20X9  10,000.00  9,527.28  (472.72) 6,108.46  200,000.00  206,108.46 11 7/1/20X9  10,000.00  9,505.48  (494.52) 5,613.94  200,000.00  205,613.94 12 1/1/20X0  10,000.00  9,482.68  (517.32) 5,096.62  200,000.00  205,096.62 13 7/1/20X0  10,000.00  9,458.82  (541.18) 4,555.44  200,000.00  204,555.44 ?Based on the information given above, what amount of gain or loss on bond retirement will be reported in the 20X8 consolidated financial statements? A. $22,923 gain B. $22,923 loss C. $84,108 gain D. $84,018 loss

Business

Decreasing the objective function coefficient of a variable to its lower limit will create a revised problem that is unbounded

Indicate whether the statement is true or false

Business